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IDFC Mutual Fund

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4.2

based on 62 Reviews

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BFSI, Investments & Trading

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IDFC Mutual Fund BFSI, Investments & Trading Department Salaries in India

based on 88 latest salaries
Designation Avg Annual Salary Open Jobs

Associate

2 - 9 years exp. (7 salaries)
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₹3 L/yr - ₹3.9 L/yr

Senior Manager

5 - 13 years exp. (6 salaries)
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₹8.3 L/yr - ₹15 L/yr

Vice President

10 - 21 years exp. (4 salaries)
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₹21 L/yr - ₹25 L/yr

Assistant Manager

5 - 6 years exp. (AmbitionBox Estimate)
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₹7.3 L/yr - ₹8.4 L/yr

Senior Executive

5 years exp. (AmbitionBox Estimate)
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₹3.9 L/yr - ₹5 L/yr

Last Updated: 2 Aug, 2024

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2w
a technical project manager
Deadend
Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?
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Salary related reviews for IDFC Mutual Fund

3.6

Rated by 14 employees for salary & benefits

Manager in Lucknow

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 07 Jul 2023
1.0
 for  Salary and Benefits

Likes

Work culture is good up to some extent.

Dislikes

I must say worst ever HR policies. I dont believe after working 1.5 years, when I have resigned they fully recovered my last year bonus. Such a shameful act. People are in chill mood here, no one cares you work or not. Most of the people involve in fake claims only no work at all. Feel bad for the sponser of this company.

read more

Operations Executive in Mumbai

Customer Success, Service & Operations Department

5.0
  •  posted on 18 Nov 2018
4.0
 for  Salary and Benefits

Likes

...under her. Currently working on contract basis but don't worry about it anytime. Salary always on time. Awesome teams member with whom does not feel workalcohic.

read more

Dislikes

Always depending upon the reporting manager you will get to under.

Assistant Vice President

BFSI, Investments & Trading Department

2.0
  •  posted on 27 Mar 2018
2.0
 for  Salary and Benefits

Likes

Good Tools and Training.

Dislikes

Work-Life balance non-existent as company does not want to hire additional hands. You land-up doing all the work yourself. Seniors incompetent and non-understanding of your problems. Daily monitoring and concalls. Cannot focus and doing work.

read more

VRM in Thane

Mutual fund Department

4.0
  •  posted on 19 Oct 2018
3.0
 for  Salary and Benefits

Likes

IDFC MF is a good AMC. The fact is that I was the part of this. This AMC motivate their employees and help to achieve their goals and take care of their employees needs. The peoples work in this AMC come from different backgrounds different cast work happily and we become like a family. I had started my career with IDFC and in future if again i got change to work with IDFC I will not miss the opportunity. IDFC is my favourite.

read more

Dislikes

Gave the best to IDFC but still i am on off role.

Operations Executive in Patna

Customer Success, Service & Operations Department

4.0
  •  posted on 29 Oct 2018
1.0
 for  Salary and Benefits

Likes

I like the branch team with whom the cordination balance was good. Branch team was supportive and humble. The work culture created by team member will make you attract to work with company.

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Dislikes

Top management does not think about the offrolls employee. No proper regular traings and workshops. Branch level team is good.

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see more salary related reviews
More about working at IDFC Mutual Fund

IDFC Mutual Fund Salary FAQs

How much does IDFC Mutual Fund pay per year?
The average IDFC Mutual Fund salary ranges from approximately ₹2.2 Lakhs to ₹3 Lakhs per year for a Sales Executive and ₹34 Lakhs to ₹45 Lakhs per year for a Senior Vice President. Salary estimates are based on 88 IDFC Mutual Fund salaries received from various employees of IDFC Mutual Fund. IDFC Mutual Fund employees rate the overall salary and benefits package 3.6/5 stars.
What is the highest salary in IDFC Mutual Fund?
The highest-paying job at IDFC Mutual Fund is a Senior Vice President with a salary of ₹34 Lakhs to ₹45 Lakhs per year. The top 10% of employees earn more than ₹18 lakhs per year. The top 1% earn more than a whopping ₹44.46 lakhs per year.
What is the minimum salary in IDFC Mutual Fund?
Minimum salary at IDFC Mutual Fund depends on the role you are applying for. For Associate the minimum salary is ₹2.5 Lakhs to ₹4 Lakhs per year, and for Customer Service Executive the minimum salary is ₹2.4 Lakhs to ₹4.2 Lakhs per year and so on.
What is the notice period at IDFC Mutual Fund in BFSI, Investments & Trading Department?
According to AmbitionBox, 57% of the IDFC Mutual Fund employees in BFSI, Investments & Trading Department reported a notice period of 3 Months, 24% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 21 responses on AmbitionBox in last 2 years.

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IDFC Mutual Fund BFSI, Investments & Trading Salaries by Location

Average annual salary in BFSI, Investments & Trading department at IDFC Mutual Fund is INRunlock blur . Salary estimates are based on 88 IDFC Mutual Fund latest salaries received from various employees of IDFC Mutual Fund.

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